A few weeks ago, Larry Fink released his annual letter to investors.
As the CEO of asset-management firm BlackRock, Fink oversees more money than anyone on the planet — $14 trillion. So when he talks about the future of investing, it pays to listen.
His letter this year wasn’t…
Lately, it seems like all the headlines are about the “private markets” —
Private startups like SpaceX and Anthropic are about to IPO!
Oh no – private credit is having a meltdown!
Private equity is coming to your 401(k)!
But most people don’t understand what these terms mean. They don’t…
A new acronym is making the rounds in investment circles:
HALO.
HALO doesn’t refer to a video game, or to the ring over an angel’s head.
It stands for Heavy Asset, Low Obsolescence. The idea is simple but powerful: invest in companies with essential assets that won’t go out of…
One of my old buddies from business school is a venture capitalist.
When I started Crowdability about ten years ago, I asked him what the biggest myth was about early-stage startup investing.
He didn’t hesitate. “Most investors assume the goal is an IPO,” he said. “But I can tell you…
Did you see the news yesterday?
Elon Musk announced that SpaceX is acquiring xAI.
This deal — the largest M&A transaction in history — brings together rockets, satellites, billions in cash flow from Starlink, and AI.
The combined entity is a bet that space-based computing will solve AI’s energy…
Venture capital has always moved in chapters.
There are periods of exuberance. Periods of keeping your head down. And then — quietly, almost imperceptibly — the page turns.
As 2026 begins, it’s clear we’re entering a new chapter, one with less hype and more conviction. It’s less about “growth at…
My buddy Jamie teaches high school in Boulder. He called me in a panic last week.
“Matt,” he said, “I’m supposed to retire in three years. But I don’t have enough money. Where are the IPOs? Where’d they go? I need some big winners and I’m not seeing any!”
I…
Oh, man. Now things are getting interesting.
Banking giant Morgan Stanley just dropped an estimated $1 billion to change the game.
Not to be outdone, leading broker Charles Schwab ponied up $660 million.
So today I’ll explain:
A few decades ago, going public was the American dream.
Visionary founders like Bill Gates built great companies, rang the bell on Wall Street, got rich — and then handed everyday investors a shot at owning the next big thing.
A $40,000 iPhone?!?
Sure, the cost of an iPhone has been going up for years. But $40,000? This might shock even the most loyal Apple fan »
The Convenience Store Run by Avatars
A convenience store is replacing its employees with digital avatars. Sounds weird. But could this be…
